The Companies Act is a legislation that governs the formation, functioning, and management of companies. Explore the key provisions, compliance requirements, and legal framework under the Companies Act.
Company Law : Learn which companies must file MGT-7 or MGT-7A, when MGT-8 certification is mandatory, and how the Companies (Management and Admi...
CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...
Company Law : Learn how the Companies Act, 2013 regulates managerial remuneration through profit-linked limits, approval requirements, and gover...
Company Law : The article explains that SBI and PNB are statutory bodies created under separate Acts and are therefore not governed by the Compa...
Company Law : The article examines the Hamlin Trust ruling, where the NCLAT held that CFO appointments must satisfy Section 203 eligibility requ...
Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...
Corporate Law : NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and oper...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply fo...
Company Law : Madhya Pradesh HC dismissed a winding up petition, holding that a bona fide dispute over liability required adjudication before th...
Company Law : The NCLAT held that CFO nominees must satisfy the eligibility requirements under Section 203 of the Companies Act. It set aside th...
Company Law : Where a composite scheme of arrangement satisfies the procedural requirements of sections 230 to 232 of the Companies Act, 2013 an...
Company Law : NCLT Mumbai compounded the offence for failure to hold the AGM within the time prescribed under Section 96 of the Companies Act, 2...
Company Law : The NCLT Ahmedabad refused to condone a 4,215-day delay in filing an appeal for restoration of a struck-off company. The Tribunal ...
Company Law : MCA extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the...
Company Law : MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused b...
Company Law : MCA notifies the New Development Bank under Section 2(11)(ii) of the Companies Act, 2013, specifying it as a body corporate for th...
Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
This article provides the Detailed procedure to be followed for compounding the offences under the Companies Act, 2013. IMPORTANT NOTES: – ♦ Compounding can be done either before (or) after the institution of any prosecution. ♦ The compounding authority has no power to impose fine which exceeds the maximum amount of fine which may be […]
FILING OF FINANCIAL STATEMENTS UNADOPTED 1. As per the proviso to Section 137(1) where the financial statements under sub-section (1) are not adopted at AGM or adjourned AGM such unadopted financial statements along with the required documents under sub-section (1) shall be filed with the Registrar within thirty days of the date of AGM. 2. […]
Condonation Of Delay Under Companies Act 2013 (Section 460) Notwithstanding anything contained in this Act, — a) where any application required to be made to the Central Government under any provision of this Act in respect of any matter is not made within the time specified therein b) where any document required to be filed […]
LOAN GIVEN BY HOLDING COMPANY TO SUBSIDIARY COMPANY Section 185(3) of companies’ act, 2013 sates about exemptions from complying of sub section 1 and 2 of section 185 subject to conditions: ♦ Any loan made by a holding company to its wholly owned subsidiary company or any guarantee given or security provided by a holding company in […]
Return of allotment PAS-3 E-Form PAS-3 is required to be filed pursuant to Section 39(4) and 42(9) of the Companies Act, 2013 and rule 12 and 14 Companies (Prospectus and Allotment of Securities) Rules, 2014 which are reproduced for your reference. Section 39(4): Whenever a company having a share capital makes any allotment of securities, […]
A section 8 company which earlier was known as section 25 company is a legal form for nonprofit organizations (NPO) or Non-Governmental organizations (NGO). Section 8 company is licensed company which is authorized to work anywhere in the country. In this article I have compiled format of Standard Article of Association (AOA) and Memorandum of […]
Expectations of Humanities from Corporates World The basic existence of the Corporates is to satisfy the essential of the society by suppling goods and services as per the various consumer need. But the Corporates should also be allowed to make profit for their very being and sustainability. The Corporates drew a lot from the society […]
Now-a-days Search Reports have become an integral part of documents by banks while sanctioning loans. Whether it be relating to any property title or any encumbrances created on the same. Banks have become more cautious while providing loans against properties to individuals and/or companies with a view to avoid future consequences.
Q.1 What is meaning of Charge? [Sec 2 (16)] ‘Charge’ means an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage. Q.2 Which Charges are to be registered and to be registered by whom? [Sec 77 (1) & 78] […]
Practical application of Section 185 and Section 186 of Companies Act,2013 read with Section 2(22)(e) of Income Tax Act, 1961 and consequences on non- compliance’s of these sections. Let’s summarise these sections and understand the provision of relevant acts. Section 186 of Companies Act,2013 – Whether Loan, advance or guarantee is allowed to Directors or […]
